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Logistic

GLP completes redevelopment of Schifferstadt Logistics Park

GLP has finalised its redevelopment project in Schifferstadt, with the completion of two logistics buildings with a total area of 54,000 m². Each building has an 8,500 m² mezzanine floor and 2,000 m² of office space. The site features parking spaces for 124 cars and 35 trucks.
Tuesday, 26. March 2024

Barberry seals third land deal in 2024

Barberry acquires a West Midlands warehouse development site – the third completed since the start of the year. The developer has acquired the last remaining plot at the highly sought-after Tournament Fields Business Park in Warwick. The company plans to deliver a c:80,000 sq ft Grade A 'best in class' distribution and logist...
Tuesday, 26. March 2024

EQRT acquires industrial property in Texas for over $60M

EQT Exeter Real Estate Income Trust, Inc. purchased 110 Southeast Inner Loop Road in Georgetown, Texas for $60.9 million. EQRT acquired the property with proceeds from the sale of 6.22 million Class E units of its operating partnership to EQT Exeter Holdings US, Inc., an affiliate of EQRT’s sponsor.
Tuesday, 26. March 2024

Oxford & LCP secure planning for Heathrow logistics development

Oxford Properties Group and Logistics Capital Partners have secured planning permission to develop c. 340,000 sq ft of technologically advanced and environmentally sustainable logistics space on a 15-acre brownfield site adjacent to Heathrow Airport. The much-needed new space will be delivered across two units of 200,000 sq f...
Monday, 25. March 2024

Azora acquires Spanish asset portfolio from CBRE IM

Azora, through two logistics vehicles it manages, has acquired an asset portfolio valued at €91 million previously managed by CBRE Investment Management. The portfolio consists of 11 assets totaling 193,000 square meters, financed by a loan of up to €54.9 million. These assets are located on the A2, the main logistics axis i...
Monday, 25. March 2024

Panattoni starts logistics development in Sittingbourne

Panattoni has begun developing a 645,000 sq ft net zero carbon logistics park in Sittingbourne. The development, called Panattoni Park Sittingbourne, comprises two units of 440,000 sq ft (S440) and 205,000 sq ft (S205). Panattoni acquired the 26-acre site in the fourth quarter of 2023 and completion is expected in the first q...
Friday, 22. March 2024

First units launched at Apollo Ansty Park in Coventry

Three of the four speculative units in the second phase of development at Ansty Park, Coventry have successfully completed. These units, named Apollo 4, 6, and 7, are highly specified warehouse/logistics buildings. They deliver a combined c.560,000 sq ft of sustainable accommodation in a premier logistics and manufacturing lo...
Friday, 22. March 2024

LIP Invest launches new logistics fund

LIP Investl aunches its fifth logistics real estate fund. The fund launch originally planned for last year was postponed due to the strategic reorientation of many investors as part of their asset allocation.
Thursday, 21. March 2024

Logicor leases Park Hamm to sole tenant

The Hamburg-based company Heinrich Dehn concluded a lease agreement for a 17,870 m² logistics property in Hamm. The property is called Logicor Park Hamm, which was completed last year and was built on behalf of Logicor. The site offers a total of 14,900 m² hall space, 2,600 m² mezzanine space and 540 m² office and break rooms...
Thursday, 21. March 2024

Logicor and Kryalos acquire site in Tuscany

Logicor and Kryalos SGR have announced the acquisition of a c.63,000 sqm site in Quarrata, Florence, for the development of a new c.23,000-square-meter GLA hub in Tuscany.
Thursday, 21. March 2024

Stoford and Blackrock let Spa Park unit to Opus

Stoford lets a speculatively developed manufacturing unit in Warwickshire to international automotive engineering and product supply company, Opus International Products. The company has signed a 10-year lease on a 39,875 sq ft unit at Spa Park, a multi million pound business park scheme in Leamington Spa.
Wednesday, 20. March 2024

Automotive company moves to Panattoni Park Tricity East I

Automotive company AS-PL has signed up to Panattoni Park Tricity East I by leasing nearly 2,900 sqm of warehouse and office space. It instructed Newmark Polska to negotiate lease conditions on its behalf.
Wednesday, 20. March 2024